v3.26.1
Quarterly Results (Unaudited)
12 Months Ended
Jun. 28, 2026
Quarterly Financial Data [Abstract]  
Quarterly Results (Unaudited)

25. Quarterly Results (Unaudited)

Quarterly financial data and selected highlights are as follows:

 

 

For the Fiscal Quarter Ended

 

 

 

September 28, 2025

 

 

December 28, 2025

 

 

March 29, 2026

 

 

June 28, 2026

 

Net sales (1)

 

$

135,674

 

 

$

121,368

 

 

$

130,037

 

 

$

144,224

 

Gross profit (2)

 

 

3,387

 

 

 

3,611

 

 

 

9,117

 

 

 

14,341

 

Net loss (3)

 

 

(11,357

)

 

 

(9,706

)

 

 

(2,306

)

 

 

(1,193

)

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic (4)

 

$

(0.62

)

 

$

(0.53

)

 

$

(0.12

)

 

$

(0.06

)

Diluted (4)

 

$

(0.62

)

 

$

(0.53

)

 

$

(0.12

)

 

$

(0.06

)

 

 

 

For the Fiscal Quarter Ended

 

 

 

September 29, 2024

 

 

December 29, 2024

 

 

March 30, 2025

 

 

June 29, 2025

 

Net sales (5)

 

$

147,372

 

 

$

138,880

 

 

$

146,557

 

 

$

138,535

 

Gross profit (loss) (6)

 

 

9,458

 

 

 

534

 

 

 

(445

)

 

 

(1,129

)

Net (loss) income (7)

 

 

(7,632

)

 

 

(11,392

)

 

 

(16,794

)

 

 

15,470

 

Net (loss) income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic (4)

 

$

(0.42

)

 

$

(0.62

)

 

$

(0.92

)

 

$

0.84

 

Diluted (4)

 

$

(0.42

)

 

$

(0.62

)

 

$

(0.92

)

 

$

0.82

 

 

(1)
Net sales for fiscal 2026 includes (i) lower volumes in the Brazil and Asia Segments and (ii) a lower-priced sales mix and lower sales volume in the Americas Segment.
(2)
Gross profit for fiscal 2026 was impacted by (i) variable cost-saving initiatives and (ii) improved utilization in certain manufacturing areas, partially offset by softer sales and profitability in the Brazil and Asia Segments.
(3)
Net loss for our domestic operations for all fiscal quarters of fiscal 2026 includes the adverse pressures on gross profit primarily due to continued volatility from uncertainty over ongoing geopolitical event, global trade policies and competition from lower-priced products.
(4)
(Loss) income per share is computed independently for each of the periods presented. The sum of the (loss) income per share amounts for the fiscal quarters may not equal the total for the fiscal year.
(5)
Net sales for fiscal 2025 includes lower volumes in the Americas and Asia Segments.
(6)
Gross profit (loss) for fiscal 2025 was impacted by softer sales and profitability in the Asia Segment and transition costs in the Americas Segment.
(7)
Net (loss) income for our domestic operations for all fiscal quarters of fiscal 2025 includes the adverse pressures on gross profit (loss) which included transition costs. In the fourth quarter of fiscal 2025, UNIFI recorded a gain of $35,807 related the sale of a manufacturing facility.